$5,565,000
SOLD MAR 12, 2025

1043 Willits Ln Basalt, CO 81621

4 Beds
4 Baths
4,340 Sq Ft
0.68 Acres

Recently Sold

$1,282 Per Sq Ft

18% Below List Price

195 Days on Market

Highlights

  • New Construction
  • River Front
  • Green Building
  • Spa
  • 0.68 Acre Lot
  • Contemporary Architecture

About This Home

As of March 2025

Immerse yourself in luxury with an amazing river-front lot, beautiful sunsets and the soothing sounds of the Roaring Fork River as your backdrop. This exquisite new home features a state-of-the-art infinity-edge spa, perfect for unwinding after a lively game of pickleball in your own front yard. The gourmet kitchen is a chef's dream, designed for effortless entertaining with walls that open to create a seamless indoor-outdoor living experience. This contemporary 4-bedroom residence, accompanied by a charming detached cabin offers limitless possibilities. Located just minutes from hiking trails, biking paths, parks, and the vibrant heart of Willits with its eclectic mix of events, restaurants, and shops, this home truly has it all. Discover the perfect blend of modern luxury and natural beauty—your new lifestyle awaits!

Last Agent to Sell the Property

Krista Klees

Christie's International Real Estate Aspen Snowmass Brokerage Phone: (970) 925-8088 License #ER1322599 Listed on: 08/02/2024

Christie's International Real Estate Aspen Snowmass

Co-Listed By

Sarah Woelfle

Slifer Smith & Frampton RFV Brokerage Phone: (970) 925-8088 License #FA40034012

Last Buyer's Agent

Sam Broome

RFC Properties, LLC License #FA.100082318

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,795

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.68 Acre Lot
  • River Front
  • South Facing Home
  • Fenced
  • Landscaped with Trees
  • Property is in excellent condition
  • Property is zoned SF Residential

Parking

  • Garage

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 4,340 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Window Treatments
  • Property Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Green Building

Outdoor Features

  • Spa
  • Patio
  • Storage Shed
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Radiant Heating System
  • Hot Water Heating System

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer
  • Willits Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 246511200004
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,795

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.68
  • Co List Office Mls Id: 216506686
  • Inclusions: Dryer, Oven, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Willits
  • Directions: Highway 82 to Willits Lane
  • Above Grade Finished Sq Ft: 4340.0
  • Architectural Style: Two Story, Contemporary
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: Yes
  • Year Built: 2023
  • Tax Parcel Letter: R028260
  • Attribution Contact: (970) 925-8088
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: SF Residential
  • General Info:Main Floor Master: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:REO: Yes
  • Listing Info:Auction: No
  • Condition:New: Yes
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 8795.0
  • Financing Info:Tax Year2: 2023
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Listing Info:New Construction: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Extras:Fence: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • General Info:LvHtSqFt (Abv Grnd): 4340.0
  • General Info:Unit Faces: South
  • Style:Two Story: Yes
  • Inclusions:Oven: Yes
  • Cooling:Central AC: Yes
  • Roof:Metal: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Extras:Outbuildings: Yes
  • Extras:Storage Shed: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: 5122

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Living Area: 4340.0
  • Fireplace:Gas: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Landscaped
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Disclosures: Excluded Buyer
  • Construction Type: Wood Siding, Frame
  • Direction Faces: South
  • Other Structures: Outbuilding
  • Property Condition: Excellent, New Construction
  • Roof: Metal
  • Construction:Frame: Yes

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Radiant, Hot Water, Forced Air
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Forced Air: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:River Frontage: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 29621.0
  • Parcel #: 246511200004
  • Zoning: SF Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8795.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2024
Sold by
Simonton Teak
Bought by
First Western Trust
Total Days on Market
195
Current Estimated Value
$5,216,629

Purchase Details

Closed on
Sep 17, 2019
Sold by
1043 Willits Lane Llc
Bought by
Burrell Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 7, 2019
Sold by
Sky Valley Llc
Bought by
1043 Willits Lane Llc

Purchase Details

Closed on
Sep 8, 2000
Sold by
Patten David N
Bought by
Sky Valley Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Trustee Deed -- None Listed On Document
Quit Claim Deed -- Land Title Guarantee Co
Warranty Deed $1,000,000 Land Title Guarantee Co
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $9,900,000 New Conventional
Previous Owner $6,093,750 Construction
Previous Owner $2,400,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 Sold $5,565,000 -18.2% $1,282 / Sq Ft
08/02/2024 08/02/24 For Sale $6,800,000 -- $1,567 / Sq Ft
Source: Aspen Glenwood MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,623 $138,390 $45,490 $92,900
2023 $8,623 $115,520 $45,260 $70,260
2022 $1,856 $23,010 $9,450 $13,560
2021 $824 $10,260 $9,720 $540
2020 $783 $10,240 $9,720 $520
2019 $1,275 $16,510 $9,720 $6,790
2018 $1,175 $15,080 $8,870 $6,210
2017 $1,113 $15,080 $8,870 $6,210
2016 $1,228 $16,350 $9,470 $6,880
2015 -- $16,350 $9,470 $6,880
2014 $946 $13,260 $6,430 $6,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 184919

Aspen Glenwood MLS

APN: R028260